Option for today is a series of analyses for binary options in cooperation with the BDSwiss broker. Every day we present the best options PUT or CALL for the selected financial instrument with its current technical analysis.
For almost 8 days AUDUSD is moving up in bullish channel. For three days we can observe attempts to break 0.7493 resistance – so far without success. Today after a rebound from mentioned level decreases reached only 0.7460 support and now bulls are in attack, I expect breaking resistance in the near future and this is an opportunity to open CALL option.
However if the market will reject 0.7493 for the fourth time bullish scenario will be negated and considering importance of this resistance we can think about opening PUT option.
BDSwiss offers a 72% return if the option. If you win, this is how much you will earn. If you lose, you never lose more than you bet. You can also choose other options expiration time, both in the shorter and longer term.
